Hotel giant Accor is rearranging its structure to create two “distinct” business divisions to accelerate development around the world.
The France-based company is to establish the two divisions, which will be called “Economy, Midscale & Premium” and “Luxury & Lifestyle”, from 1 October. Accor said the move would create “a clear and transparent model for each of its business lines”.
Economy, Midscale & Premium will include…